DIRS.INFO The most relevant business & tech news

Prince Mohammed was not seen at the match but had been front and centre at the tournament opening on Sunday. It was also a sweet moment for host Qatar, facing intense criticism over human rights in the conservative Muslim country. "The fact that the World Cup is in Qatar and we're Arabs - it gives us a lot of energy and excitement." TOLERANCEBefore the match kicked off, the issue of tolerance arose at a news conference between Qatar's foreign minister and his American counterpart. The Gulf Arab state, which denies discrimination and points to labour reforms enacted, welcomes everyone, its Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani said.

☆ Bob Iger isn't the only CEO who was asked to come back. Here are 5 men who returned to run their former companies.
▼ + stars: | 2022-11-22 | by ( Alexandra York | ) www.businessinsider.com time to read: +2 min

Bob Iger's return isn't unusual. Here are four other boomerang CEOs who've returned to the companies they once ran. Iger acted as Disney's CEO from 2015 to 2020. In the most recent quarter, the streaming service lost $1.47 billion, which is more than double the loss from 2021. Iger is one of a handful of boomerang CEOs who've returned to the companies they once ran.

☆ Chinese coast guard seizes rocket debris from Philippine navy
▼ + stars: | 2022-11-21 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

MANILA, Philippines — The Chinese coast guard forcibly seized floating debris the Philippine navy was towing to its island in another confrontation in the disputed South China Sea, a Philippine military commander said Monday. The debris appeared to be from a Chinese rocket launch. The Chinese coast guard vessel then deployed an inflatable boat with personnel who “forcefully retrieved said floating object by cutting the towing line attached to the” Filipino sailors’ rubber boat. Maj. Cherryl Tindog, spokesperson of the military’s Western Command, said the floating metal object appeared similar to a number of other pieces of Chinese rocket debris recently found in Philippine waters. She added the Filipino sailors did not fight the seizure.

☆ Elon Musks says the issue of child sexual exploitation content on Twitter is 'Priority #1'
▼ + stars: | 2022-11-21 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Elon Musk tweeted that the issue of child sexual exploitation content is "priority #1" for Twitter. Bleu also said that Twitter had added a direct reporting option for child sexual exploitation on tweets with images or videos. Insider was able to verify this, and found that when reporting a tweet, users can now select the option of "child sexual exploitation" as the reason for the report. They added that potentially only "a percentage" of child sexual abuse material reported was actually being taken down by Twitter. Twitter's child sexual exploitation policy currently says that it has "zero tolerance towards any material that features or promotes child sexual exploitation, one of the most serious violations of the Twitter Rules."

☆ Guangzhou Covid-19: China locks down key transportation hub; markets fear economic fallout
▼ + stars: | 2022-11-21 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN Business —China has locked down a major transportation hub in the south, as the country’s grapples with its largest nationwide Covid outbreak since April. The lockdown also follows rising cases in Beijing, which reported the country’s first Covid deaths in nearly six months. Asian markets and oil prices slid on Monday as investors fretted about the prospect of China re-tightening Covid rules. Guangzhou, one of China’s largest cities with nearly 19 million residents, imposed a five-day lockdown in Baiyun district, which is home to one of the country’s busiest airports. Goldman Sachs analysts said Monday that the latest news on China’s Covid management has been “confusing” to investors.

☆ Seven European World Cup captains ditch OneLove arm band following FIFA pressure
▼ + stars: | 2022-11-21 | by ( Martyn Herman | ) www.reuters.com time to read: +5 min

England captain Harry Kane spoke on Sunday of his desire to wear the armband in Monday's Group B opener against Iran. FIFA launched its own captain's armband campaign to promote different causes for each round during the tournament. "This is in line with Article 13.8.1 of the FIFA Equipment Regulations, which state: 'For FIFA Final Competitions, the captain of each Team must wear the captain's armband provided by FIFA.'" According to FIFA rules, team equipment must not have any political, religious or personal slogans, statements or images, and during FIFA Final Competitions, the captain of each team "must wear the captain's armband provided by FIFA". Wales captain Gareth Bale had been planning to wear the OneLove armband against the United States later on Monday.

☆ Seven European World Cup captains ditch OneLove armband following FIFA pressure
▼ + stars: | 2022-11-21 | by ( Martyn Herman | ) www.reuters.com time to read: +6 min

FIFA has threatened to issue yellow cards to any player wearing the multi-coloured armband which was introduced to support diversity and inclusion. England captain Harry Kane spoke on Sunday of his desire to wear the armband in Monday's Group B opener against Iran. "I will not carry the confrontation created by FIFA onto the back of (Germany team captain) Manuel Neuer." FIFA launched its own captain's armband campaign ahead of the tournament to promote different causes for each round. According to FIFA rules, team equipment must not have any political, religious or personal slogans, statements or images, and during FIFA Final Competitions, the captain of each team "must wear the captain's armband provided by FIFA".

☆ Twitter staff tell colleagues who quit not to turn the situation into an 'us-vs-them Squid Game'
▼ + stars: | 2022-11-19 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Twitter staff tell colleagues who quit not to turn the situation into an "us-vs-them Squid Game." One said: "I just hate that he is the kind of person that makes me feel like everything is a trap." Employees took to the anonymous forum Blind to air their grievances and urge colleagues to understand why they may decide to stay on. Lets keep this about the people, and not turn it into us-vs-them Squid Game type of s**t," the user added. Another Blind user said he didn't click the link, responding to another user asking whether Twitter was worth joining.

☆ Bob Pisani: Heeding the investment wisdom of Jack Bogle starts with keeping it simple
▼ + stars: | 2022-11-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

But selling the public on just buying an index fund that mimicked the S&P 500 was a tough sell. Keep costs low by owning index funds, or at least low-cost actively managed funds. He made a case for owning a single balanced fund (65/35 stocks/bonds) and said it could capture 97% of total market returns. Having too many funds (Bogle believed no more than four or five were necessary) would result in over-diversification. The total portfolio would come to resemble an index fund, but would likely incur higher costs.

The 2022 World Cup has been dogged by controversy since Qatar was announced as the first Middle East nation, and Gulf absolute monarchy, to host it. But a successful World Cup is far from guaranteed. Dorsey said Qatar could use a successful World Cup as a springboard to reform. "This is the first ever World Cup in the region. This is a big, big deal," said Mahjoob Zweiri, director of the Gulf Studies Centre at Qatar University.

☆ Financial markets not showing too much stress, even as the crypto complex gets dismantled
▼ + stars: | 2022-11-17 | by ( Michael Santoli | ) www.cnbc.com time to read: +4 min

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. But the point is, stocks have not been oblivious to slowdown risk to this point. Part of this is because energy firms are nicely profitable even at $75-$85 crude and are the rare group showing earnings growth. So far, the financial markets have not shown particular stress over the crypto unwind. Almost no movement in VIX, with modest index moves, expiration often pinning indexes in a narrow band and holiday-slowed trading ahead next week.

☆ Oil prices fall as Druzhba pipeline resumes flows
▼ + stars: | 2022-11-16 | by ( Shariq Khan | ) www.reuters.com time to read: +2 min

BENGALURU (Reuters) -Oil prices fell by more than a dollar on Wednesday as Russian oil shipments via the Druzhba pipeline to Hungary restarted and rising COVID-19 cases in China weighed on sentiment. Prices slid into negative territory after Hungarian Foreign Minister Peter Szijjarto said that flows through the Druzhba oil pipeline from Russia had resumed following a brief outage. Supply to parts of Eastern and Central Europe via a section of the pipeline were temporarily suspended on Tuesday for technical reasons, according to oil pipeline operators in Hungary and Slovakia. The Energy Information Administration said U.S. crude inventories fell by 5.4 million barrels last week, compared with expectations for a 440,000-barrel drop. “Oil demand growth in the country is being hampered by its unyielding faith in a zero-tolerance COVID-19 policy and persistent economic weakness,” PVM Oil analyst Stephen Brennock said.

☆ Oil prices slide after Druzhba crude pipeline resumes flows
▼ + stars: | 2022-11-16 | by ( Ahmad Ghaddar | ) www.reuters.com time to read: +2 min

LONDON (Reuters) -Oil prices fell sharply on Wednesday as Russian oil shipments via the Druzhba pipeline to Hungary restarted, prompting the reversal of earlier gains following an attack on an oil tanker off the coast of Oman. Prices then retreated after Hungarian Foreign Minister Peter Szijjarto said on Wednesday that flows through the Druzhba pipeline which carries Russian oil to Hungary had resumed following a brief outage. Oil supply to parts of Eastern and Central Europe via a section of the Druzhba pipeline were temporarily suspended on Tuesday for technical reasons, according to oil pipeline operators in Hungary and Slovakia. “Oil demand growth in the country is being hampered by its unyielding faith in a zero-tolerance COVID-19 policy and persistent economic weakness,” PVM Oil analyst Stephen Brennock said. Earlier this week, the Organization of the Petroleum Exporting Countries (OPEC) cut its forecast for 2022 global oil demand growth for a fifth time since April, citing mounting economic challenges.

☆ How to get a YouTube video editor job and how much they earn
▼ + stars: | 2022-11-16 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

Being a YouTube video editor can be lucrative and become a full-time job, with the right tricks. The jobs in the YouTube space range from "YouTube producer," to "thumbnail designer," or "video editor." How to become a YouTube video editorBecoming an established editor often depends on building the right connections. Rhyze explains how he sets his rates as an editorA good video editor also knows that editing for YouTube is very different than editing other forms of video entertainment. Read how much Vulpis he makes per month, and the differences between filmmaking and YouTube editingOther YouTube jobs: Thumbnail designerBeing a video editor is not the only way to build a career working "behind the scenes" of a YouTube video.

☆ How the crypto fallout could affect you
▼ + stars: | 2022-11-15 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN Business —The crypto industry is still reeling from last week’s shocking death spiral of digital currency exchange FTX. While these funds say they had limited exposure to FTX, their inclusion points to a growing but alarming trend that could affect you even if you’re not a buyer of crypto yourself. What’s happening: Pension funds are increasingly investing in alternative assets in search of bigger returns. In the United States, public pension funds are facing serious challenges that threaten the retirement plans of millions of state and local government employees. It’s not just a trend that’s happening in the United States.

☆ INDIA STOCKS Indian shares may edge higher as inflation eases
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Nov 15 (Reuters) - Indian shares are expected to open slightly higher on Tuesday, as data showing annual retail inflation eased to a three-month low in October strengthened bets of smaller interest rate hikes from the country's central bank. Globally, investors will get another look at U.S. inflation when the producer price index data is released later in the day. ** Tyremaker Apollo Tyres (APLO.NS) reported a rise in quarterly profit. ** Biocon (BION.NS) reported a decline in quarterly profit as the drugmaker booked a heavy tax expense. ** Indian viscose and chemicals manufacturer Grasim Industries (GRAS.NS) reported a fall in quarterly profit, with brokerage Jefferies saying global slowdown weighed on earnings.

☆ The Neighbourhood drops drummer Brandon Fried after groping allegation
▼ + stars: | 2022-11-14 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —The Neighbourhood have ousted drummer Brandon Fried after he was accused of groping a woman and apologized for it. “I was at a bar last night, and I was groped under the table by brandon fried, the drummer of the neighbourhood. @thenbhd y’all need a new drummer, this guy is a complete creep.”“We are grateful to Maria for coming forward,” The Neighbourhood wrote in a statement shared on their verified social media. “I want to apologize to women who have been victims of any behavior that has left them feeling uncomfortable or violated,” Fried concluded his statement. “I am also sorry to The Neighbourhood and our fans for letting them down.”The band is best known for its hit song “Sweater Weather.”

☆ Investors bought nearly $7 billion in Series I bonds in October. Here's the best time to cash them in, experts say
▼ + stars: | 2022-11-14 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

If you're one of the masses of new Series I bond owners, there are a few things to weigh before cashing in your assets, experts say. You can't access the money for at least one year and there's a penalty for redeeming I bonds within five years. If you cash in your I bonds before that five-year mark, you'll lose the previous three months of interest. "You should only cash out when you don't like the interest [rate]," he said. Of course, you'll want to consider your goals, risk tolerance and timeline for the money when deciding whether to redeem.

☆ India's Oct retail inflation eases, spurs smaller rate hike views
▼ + stars: | 2022-11-14 | by ( Manoj Kumar | ) www.reuters.com time to read: +4 min

The annual retail inflation was 7.41% in September. Food prices, which account for nearly 40% of the CPI basket, rose 7.01% in October, compared with 8.60% in September. Month-on-month retail inflation rose 0.80% in October, compared with the previous month, while retail food inflation rose 1.08% — reflecting inflationary pressures in the economy. Last week, ratings agency Moody's revised down India's GDP growth forecast to 7% in 2022, from earlier estimate of 7.7%, and to 4.8% in 2023. Excluding the volatile food and energy components, the core inflation rose 5.9% to 6.3% last month, according to three economists' estimates, compared to 6.07% to 6.1% in September.

☆ Playbill leaves Twitter, saying site 'expanded tolerance for hate'
▼ + stars: | 2022-11-12 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

In a statement, Playbill said the social media platform has “greatly expanded its tolerance for hate, negativity, and misinformation.” The account, which had more than 400,000 followers, was not active on Twitter as of Friday. Hours after Twitter launched its short-lived paid verification system Wednesday, the site faced a barrage of celebrity and company impersonators. Some of the fake company accounts on Twitter included inappropriate logos or pictures – the imposter Nintendo account, for example, tweeted an image of Mario giving the middle finger. The following Playbill Twitter accounts are no longer active: @Playbill, @PlaybillTravel, @PLAYBILLder, @PlaybillArts, @PlaybillStore. The company added that that any tweet from a Twitter account that contains the Playbill name is fake.

☆ India's Oct inflation seen falling below 7% - central bank chief
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Nandan MandayamNEW DELHI, Nov 12 (Reuters) - India's retail price inflation is expected to fall below 7% in October from 7.41% in September, Reserve Bank of India Governor Shaktikanta Das said on Saturday. The medium-term inflation target should continue to be held at 4%, he added. "If it (inflation) remains above 6% for a prolonged period, it will be detrimental to growth, hence 6% has been kept as the upper tolerance band," he said. Das said it was too early to get into a debate about whether inflation is likely to stay higher for longer. The change in inflation target could indicate that the central banks are less committed to "fight the war against inflation.

☆ Food sanitation company accused of employing at least 31 children on graveyard shifts in slaughterhouses
▼ + stars: | 2022-11-11 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +10 min

A leading sanitation company is accused of employing dozens of children to clean the killing floors of slaughterhouses during graveyard shifts, the Department of Labor announced. The Department of Labor’s Child Labor Regulations designates many roles in slaughterhouse and meatpacking facilities as hazardous for minors. That order requires PSSI to “immediately cease and refrain from employing oppressive child labor” and comply with the Department of Labor’s investigation. Yet, the children working overnight on the kill floor of these slaughterhouses cannot wait,” the complaint states. When they are hired by PSSI, workers sign paperwork assuming the risk of death and injury on the job, NBC News reported last year.

☆ Noose found at Obama Presidential Center site, pausing construction, builders say
▼ + stars: | 2022-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Phil-Helsel-Circle-Byline-Template.Jpg | Phil Helsel | ) www.nbcnews.com time to read: +1 min

Construction has been suspended at the Obama Presidential Center after a noose was found at the site on Chicago’s South Side, the builders said Thursday, condemning what they called an “act of hate.”“We are horrified that this would occur on our site,” the Lakeside Alliance, the group of construction companies building the center, said in a statement. The Lakeside Alliance said it was informed Thursday morning about the discovery at the project site and reported it to police. The Lakeside Alliance said it is pausing construction and offering a $100,000 reward to help find the person or people responsible. “This shameless act of cowardice and hate is designed to get attention and divide us,” the foundation said. The project broke ground in September 2021 and is expected to open in 2025, according to the center.

☆ Noose found at Obama Presidential Center construction site in Chicago
▼ + stars: | 2022-11-11 | by ( Daniel Trotta | ) www.reuters.com time to read: +2 min

Nov 10 (Reuters) - Chicago police are investigating a noose that was found at the construction site of the Obama Presidential Center on Thursday, an act the Illinois governor condemned as a symbol of racist hatred. The incident led to a temporary halt in construction, the Chicago Tribune reported, citing the construction consortium that is building the center. The noose was reported to police by the Lakeside Alliance, a construction team of Black-owned companies that is building the Obama Presidential Center, which will be a museum and public gathering space commemorating Barack and Michelle Obama, the first African-American president and first lady. The Lakeside Alliance is offering a $100,000 reward to help find those responsible, the Chicago Tribune reported, citing an alliance statement. Construction on the site began in 2021 and the center is due to open in 2025.

☆ China scraps Covid-19 flight bans, cuts quarantine for inbound travelers
▼ + stars: | 2022-11-11 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +2 min

Hong Kong CNN Business —China has reduced the amount of time travelers entering the country must spend in quarantine and removed a major restriction on international flights, as it begins to ease its stringent zero-Covid policy. Inbound international passengers will also see their pre-departure testing requirement reduced from two to one, and their mandatory centralized quarantine upon arrival cut from seven days to five days. Markets responded positively to the changes as Covid-19 restrictions have kept international investors jittery. Under the new guidelines, people who are identified as close contacts of Covid-19 cases will also have shortened quarantine at centralized government-operated facilities, down from seven days plus another three days at home, to five days and three days at home. In addition, government health officials are no longer required to report secondary close contacts in many circumstances.

Search resuls for: "Tolerance"

25 mentions found